by Kristie Neo, Deal Street Asia This article was originally published on Deal Street Asia on 23.11.2018. If there’s one thing that’s true – data lies. Data lies a lot. In “Everybody Lies: Big Data, New Data and What the Internet can tell us about who we really are”, Stephens-Davidowitz writes: “Big data allows us to finally see what people really want and really do, not what they say they…

This news article was published by Business Standard on October 22. Crayon Data, a big data analysis company in which veteran industrialist Ratan Tata and Infosys Co-Founder Kris Gopalakrishnan invested in, is planning to raise Series B round of funding to the tune of around $11 million from existing and new investors. The fund would be used for expansion in western markets, including in the US, and for technology development.…

Six-year-old artificial intelligence based data personalization firm Crayon Data said it had grown 3x last year and expected this hyper growth to continue over the next few years. “The growth has been in both revenue and the number of clients, and we expect to double the number of clients and revenue in the next year,” said founder Suresh Shankar. While declining to share current numbers, he said that the aim…

Mashreq Bank, our client in the UAE, true to their tagline of “we make it possible” – have made it possible! Mashreq has won at the Seamless Awards, 2018, in the category of DIGITAL TRANSFORMATION AND INNOVATION OF THE YEAR – B2C. The awards are the Middle East’s most coveted tech awards in finance and retail. This award category recognises brands that have most successfully re-engineered and re-energised their…

Appeared on The Economic Times BENGALURU: Singapore and Chennai-based big data company Crayon Data has received an undisclosed investment from InfosysBSE 3.06 % cofounder Senapathy (Kris) Gopalakrishnan. The investment is part of Crayon’s Series A2 round of funding. Previous investors include Jungle Ventures, Tata Sons chairman emeritus Ratan Tata, Mitsui & Co, and a host of angels. The investment will be used to enhance Maya, its flagship product, and expand the…

New Delhi, June 28, 2017: The Hotel Times: What relevance does big data hold in the hotel industry? Vikram Rao: Every hotel is a gateway to a city. The experience of a city is intrinsically linked to the experience a guest has at the hotel they choose. Being in the services industry, it is imperative that hotels understand their customers’ preferences. Big data technology companies like Crayon Data, can provide hotels…

What started off as an exercise to draw up a tool-kit for entrepreneurs as part of the CII national council on innovation and entrepreneurship, got transformed into a handy manual for start-ups in India, using Indian examples and the local context. The Manual for Indian Start-ups: Tools to start and scale-up your new venture is, in the words of two of its authors – Vijaya Kumar Ivaturi, popularly referred to…

Singapore’s government agencies are increasingly investing in data, infrastructure, and big data talents. Of late, the island country also undertook an initiative to form a consortium of researchers and think tanks to become the world’s first Smart Nation. The move will improve the adoption of analytics in the country, and help the country transform public sectors such as transport, health, business productivity among other areas. Reports suggest that the analytics…

I had a brilliant opportunity to interview Suresh V. Shankar, founder of Crayon, at Slush Singapore 2016. At the conference, he spoke about his experience—and the difficulties he faced—as an entrepreneur. He also talked about how he overcame them. Suresh sold his previous company, RedPill Solutions, to IBM in 2009. However, his entrepreneurial journey did not end there. He went on to start a new company, Crayon, with the goal…

NEW DELHI: All IITs (Indian Institutes of Technology) Placement Committee (AIPC) has revoked the ban on big data company Crayon Data with offices in Singapore and India. Crayon Data was among the 31 companies that recently barred by the AIPC as they failed to honour their placement commitment to IIT students. Big data company, which has received funding from Japanese conglomerate Mitsui & Co and Tata Group chairman emeritus Ratan…